The opening of the nation’s first Federal Parliamentary building in our national capital, Canberra, was commemorated by the striking of 400 limited edition proof florins: the 1927 Proof Canberra Florin.
This coin is a pristine example from the original mintage.
It was the Melbourne Mint’s first foray into commercial proof coin production: each coin to be sold at sixpence over face value.
Was it the design, which most consider stunningly beautiful? Or was it the occasion of the opening of what is now one of Canberra’s most iconic public buildings? Or was it the limited number made available to the public?
Irrespective of the reason, we know that the entire mintage of 400 proof coins sold out.
The 1927 Proof Canberra Florin has an historical significance that will never be diluted by the passing of time. Quite the reverse, as time passes and a new generation of collectors embrace the industry, its importance and value can only be strengthened.
In today’s market we might see one Proof Canberra Florin on the market annually. But for the buyer that is choosy, and is looking to acquire a superior quality example, the waiting time will be even longer.
This particular 1927 Proof Canberra Florin is classified as FDC and has brilliant mirror fields. The coin shows the characteristic striations associated with Proof Canberra Florins and reflects meticulous die preparation. Moreover, it has been sharply struck and brilliantly preserved. Visually it is stunning.
As an historic piece and as a finite asset, the rarity and investment potential of the 1927 Proof Canberra Florin is assured. As an exquisite example of the Melbourne Mint's craftsmanship, the coin is a numismatic gem.